Marston's Brewery

Ticker MARS

Today's data summary

Market closed
% change
+0.19%
Price Pence
103.80
Change
+0.20
As of 20:15 18 Jan 2019
Market cap. Pound sterling
658.07 million
As of 20:15 18 Jan 2019

Latest updates

Cheers for Marston's growth

BBC Business News

Brewer and pub operator Marston's has reported a fifth year of like-for-like growth.

The Wolverhampton-based company profited from thirsty boozers necking more pints than ever during the hot summer and football World Cup.

A pint
Getty Images

Underlying revenue for the group climbed 15% to £1.14bn with an increase in underlying profit before tax of 4% to £104m.

However, statutory profits slumped by 46% to £54.3m which Marston’s blamed on external estate valuation, which resulted in a £39.8m charge to the income statement.

Cheers for Marston's growth

Pint of beer
Getty Images

Brewer and pub operator Marston's has reported a fifth year of like-for-like growth.

The company profited from thirsty boozers necking more pints than ever during the hot summer and football World Cup.

Underlying revenue for the group climbed 15% to £1.14bn with an increase in underlying profit before tax of 4% to £104m.

However, statutory profits slumped by 46% to £54.3m which Marston’s blamed on external estate valuation, which resulted in a £39.8m charge to the income statement.